Every trading platform of commodities warns retail Traders that up to 80% of such traders lose their money. Many of these traders are too small to deal with one of the large recognised platforms, so they have nowhere to go to get help. As a result, these traders either do not carry on searching, or they spend their money in some other way.
As soon as Bretcrown completes its first year of Trading, it will also by then have acquired any and all formal approvals required by the Financial Conducts Authority in the UK to enable it to accept private retail investors and Trade on their behalf. Once this has been finalised and the FCA approval has been granted, it will be ready to start Trading for private individuals. In the interim Bretcrown does have a number of its traders who are individually authorized by the FCA.
Constant discipline and 100% concentration are required to achieve ‘innovation leading’ positive results. We select our limited range of products and do not allow other products to distort or influence our judgment. This is the key to obtaining the best results. We decipher and understand the relevant News and geopolitical events globally that impact prices.
As one example, Oil stockpiles are officially updated every Wednesday by the Energy Information Administration and this is one of the leading disruptors/influencers of the Price that day and that week. By monitoring action on CRUDE OIL on Wednesdays, is logical and provides the best insight, however, there are exceptions. For example, if all indications strongly believe that stockpiles are increasing then we may wish to take Sell positions. Alternatively, if indications are that stockpiles are decreasing then we may wish to take Buy positions.
We take into account all relevant Technical Indicators including Bollinger Bands, Fibonacci Numbers and Lines, Exponential Moving Average, Pivot Point, Rate of Change, and Standard Deviation and others.
We have the courage to take positions when we believe it is time to do so after carefully considering all relevant factors.
Today, we see through all the irrelevant Reports which we call ‘White Noise’ and only consider Reports that directly impact our products since this is where our developed and perfected expertise and dedicated focus lies.
All of this as well as our algorithms makes it possible to provide a positive outcome and overcome the historic lack of success that traders have had.
The main benefit of undertaking the project will be a trading platform which utilises novel trading strategies and allows for almost zero trading risks while ensuring there are positive returns at all times.
The technological advancement achieved by Bretcrown will not be only beneficial to the company’s business but also represents an overall increase of knowledge and capability. This increase will be practically beneficial to the whole trading industry while being an advancement in the area of software and algorithm development.